Last Updated: August 2023
These General Terms and Conditions constitute a legal agreement between you, as the user of the website accessible at the URL address https://tech.seedblink.com/ventures ("Platform") and SEEDBLINK S.A., a company incorporated and existing under the laws of Romania, registered with the Trade Registry under no J40/722/2020, fiscal identification number RO42141358, registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001, as of 03.11.2022, and having its headquarters located at 43 Pipera Road, Floreasca Park, Building B, 1st floor, District 2, Bucharest, postal code 014254, Romania, as a crowdfunding service provider through the Platform. Throughout these General Terms and Conditions, we will refer to you as "you" or "your", and we will refer to SeedBlink S.A. as "we", "us" or "SeedBlink".
These General Terms and Conditions set out the general terms governing your use of the Platform either as an Investor (as defined below), Project Owner (as defined below) or users of the Platform who do not register as Project Owners or Investors (the Investors, the Project Owners, as well as any other users of the Platform, are all collectively referred to as "SeedBlink Members" and individually "SeedBlink Member"). They apply to you as soon as you first use it, and you are deemed to have agreed to be bound by them upon such first use. When accepted by you, the General Terms and Conditions form a legally binding agreement between you and SeedBlink. If you do not wish to continue to be bound by these General Terms and Conditions, please stop using the Platform now.
SeedBlink is not a financial institution, investment bank or a financial advisor, neither does SeedBlink provide any financial or investment services. The purpose of the Platform is solely to temporarily facilitate the conducting of crowdfunding rounds ("Fundraising") by companies seeking funding on the Platform ("Project Owners") and connecting them with investors ("Investors") interested in investing in Project Owners.
SeedBlink does not at any time take possession of funds and it does not provide payment services.
In addition to these General Terms and Conditions, you and we may enter into several other contracts. For example, if you act as Project Owner, you may enter into a service agreement ("Service Agreement") with us, and if you succeed in raising capital through the Platform, you and the Nominee (as defined below) may also enter into a subscription and shareholders agreement. If you act as an Investor, you may enter into an investment facilitation agreement each time you make an investment through the Platform ("Investment Facilitation Agreement"). Our Privacy Policy sets out the details of how your personal data will be processed by us following your use of the Platform. These and other agreements you may enter into, and notices you are provided with from time to time in connection with your use of the Platform, are referred to as "Platform Documents", are intended to be consistent with each other and should be read and interpreted together, but if a conflict arises, the terms of any agreement to which you agree after these General Terms and Conditions will prevail over the terms of these General Terms and Conditions, while the terms of these General Terms and Conditions will prevail over the terms of any agreement to which you agreed to or notices you were provided with before these General Terms and Conditions.
Joining. In order to join SeedBlink as a member, you must be either (a) 18 years of age or over (which we refer to as an individual member), (b) a legal person or other forms of a legal entity (which we refer to as a corporate member). In executing these General Terms and Conditions, you warrant to us that you meet the criteria of an individual member or, respectively, a corporate member and that you are not subject to the laws of any territory which would make your participation in the Platform unlawful. Furthermore, you warrant that you are a legal representative of a Project Owner or an Investor (if a legal entity) or you have been authorized by the Project Owner or the Investor you are representing to market and execute the Fundraising using the services and that you have the right to enter into the General Terms and Conditions and other Platform Documents on behalf of the Project Owner or the Investor.
Ceasing to Be Eligible. You must inform us as soon as reasonably possible if you cease to be eligible to be a member. If you inform us, or if we otherwise discover, that you have ceased to be eligible as a member, your SeedBlink membership will be suspended. If you later become eligible to be a member again and inform us of this, your SeedBlink membership may be reinstated at our discretion.
One Membership Only. You may only become a member of SeedBlink once. You may not attempt to create multiple memberships for yourself by using different email addresses or other identifying information. If you attempt to do so, your membership may be terminated.
Only SeedBlink Members can use the services provided by the Platform. SeedBlink reserves the right to deny its services to any current or prospective SeedBlink Members due to, inter alia, following reasons: the user has committed fraud or a criminal offence or, in the estimation of SeedBlink, is not able to fully comply with the General Terms and Conditions; the user has acted in a way that endangers SeedBlink's good reputation; the user has provided false information to SeedBlink; the user is suspected of money laundering or any other criminal activity or ethically questionable behaviour; the user does not provide to SeedBlink all the information needed for Know Your Customer ("KYC") and/or Anti-Money Laundering ("AML") checks if SeedBlink deems them necessary or they become required by the applicable laws; the user breached these General Terms and Conditions, the Service Agreement or the Investment Facilitation Agreement.
You acknowledge that SeedBlink may need to undertake certain KYC activities and/or AML checks, including collecting certain personal data from you, which will be done inter alia when registering the user account with SeedBlink and before any funding of the Project Owner may be pursued. Upon SeedBlink’s request, you shall provide SeedBlink with all information and documents that SeedBlink, in its sole discretion, deems necessary or appropriate to conduct KYC and/or AML checks.
SeedBlink Member. Upon execution of these General Terms and Conditions, you will become a SeedBlink Member, and you will remain a SeedBlink Member until and unless your membership is terminated or suspended. Our obligations to you as a SeedBlink Member are as set forth in these General Terms and Conditions and other Platform Documents.
No Advice. We do not provide advice or recommendations with respect to any aspect of transactions facilitated through the Platform, other than advice on the technical use of the Platform. This means, among other things, that we cannot give you any investment, legal, taxation or other advice in connection with your membership or any investments you make through the Platform, and nothing on the Platform or in any communications we send to you is intended to constitute advice or a recommendation. If you need or want advice, you should consult an appropriate professional financial, legal, tax or other advisors.
Location of Activities. In executing these General Terms and Conditions, you agree that all of the activities that we conduct with you take place within Romania, regardless of where you may be physically located at the time you use the Platform or otherwise engage with us. This means that you agree that our activities are subject only to the laws of Romania and not to the laws of any other country in which you may be physically present at any given time, and therefore that any redress you may seek from us must be sought under Romanian law. However, you agree to comply with all relevant laws and regulations that may apply to your use of the Platform in any jurisdiction in which you may be located. You agree that under no circumstances will you make any claim to the effect that our activities are conducted in, or subject to, the laws of any country other than those of Romania.
Role. Your interactions and communications with us will take place almost entirely through the Platform. There are certain exceptions where we may interact and communicate with you via direct email, telephone or in-person, but in general, you should expect that you will not be able to communicate with us via any means other than the Platform.
Access. Access to the Platform is performed using an authentication token. The authentication token may be a username and password pair, set up by you, or an authentication token provided by an external platform on which you have an account. Your SeedBlink membership is personal to you and is not transferable. As long as the correct authentication token is used, we will assume that you are the person conducting activity on the Platform. You may have one or more authentication tokens and we may or may not ask you for additional authentication tokens to allow you to perform specific actions on the Platform. You may not permit any other person or device to access your authentication tokens (including, but not limited to, sharing or accidentally disclosing your authentication tokens). In the event you do, you will be fully responsible for all actions on the Platform by the person or device to whom you permitted to access and by any other person or device to whom that person or device permitted to access, and we will not be liable to you for any losses, damages or costs arising from you permitting access to your authentication tokens. You should note that we may terminate or suspend your access to the Platform if you cease to be eligible to use the Platform or fail to observe any of your obligations provided by the Platform Documents.
Security. Your authentication tokens are the methods used by us to identify you and so you must keep them secure at all times. You must notify us immediately if you learn or suspect that the security of your username or password, or of the account or accounts you use to sign in to the Platform, may have been breached. If we receive such a notification from you or determine ourselves that the security of your authentication tokens may have been breached, you will not be able to access the Platform until measures have been taken to verify your identity.
Profile. At some stage, after you log onto the Platform, you will be asked to complete a profile. The information you provide in your profile is the basis on which we identify you for purposes of communicating with you, fulfil any reporting obligations that we may have to any regulatory or governmental authorities, and conduct any KYC, AML or other checks we run on you. To the extent that you choose to make your profile “public” for certain purposes, it will also be the basis on which other SeedBlink Members identify you. You must complete the profile truthfully, and you must keep the information in your profile up to date.
Content. You are solely responsible for any content you post on the Platform, including your profile, information about a business for which you are seeking capital, information posted in connection with a post-investment process and any other information you post. You may not post, transmit or share information on the Platform that you do not own or have permission to display, publish or post. You agree to indemnify and hold harmless each other SeedBlink member and us from and against any loss, damages or costs arising from or in connection with any content you post on the Platform.
Interactions with Other SeedBlink Members. You are solely responsible for your interactions with other SeedBlink Members. We reserve the right to remove any communications that you post that we consider to be abusive, trolling, spam, or otherwise inappropriate.
SeedBlink is the sole owner of the Platform.
The Platform may include at any given time text, graphics, logos, icons, images, sound clips, video clips and data compilations, and together with the Platform's page layout, underlying code and software we refer to all of these as "Content".
All of the Content is the property of SeedBlink, our affiliates or third parties with whom we do business, and this means that it is protected by Law no. 8/1996 on copyright and neighbouring rights, the relevant intellectual property laws and other relevant laws. You may not reproduce, copy, distribute, store or in any other fashion re-use material from the Platform unless otherwise indicated on the Platform or unless given express wrote permission to do so by SeedBlink. For the avoidance of doubt, data mining or scraping the Platform without the express written permission of SeedBlink is not permitted.
The Platform may contain links to other websites. Unless we expressly say otherwise, you should assume that these other websites are not under the control of SeedBlink or our affiliates. We assume no responsibility for the content of such websites, and we disclaim liability for any and all forms of loss or damage arising out of the use of them.
Additionally, even if we include a link to another website on the Platform, that does not mean that we endorse that other website or in any way recommend that you should use it.
With the exception of the specific promises we make in other Platform Documents to which you are a party, you need to be aware that:
We make no warranty or representation (express or implied) that the Platform will meet your requirements, that it will be of satisfactory quality, that it will be fit for a particular purpose, that it will be compatible with all systems or that it will be secure.
We make no guarantee of any specific results from the use of the Platform.
No part of this Platform is intended to constitute advice, and the content of this Platform should not be relied upon when making any decisions or taking any action of any kind.
The Platform is provided "as is" and on an "as available" basis, and we give no warranty that it will be free of defects and/or faults.
We accept no liability for any disruption or non-availability of the Platform resulting from external causes including, but not limited to, ISP equipment failure, host equipment failure, communications network failure, power failure, natural events, acts of war, or legal restrictions and censorship.
To the maximum extent permitted by law, we accept no liability for any direct or indirect loss or damage, foreseeable or otherwise, including any indirect, consequential or special damages arising from your use of the Platform or any information contained in it, and you use the Platform and its content at your own risk.
Fees We Charge In Relation To Project Owners. The fees charged by us in relation to Project Owners are set forth in the relevant Service Agreement.
Fees We Charge In Relation To Investors. The fees charged by us in relation to the Investors’ investment in the Project Owner are set forth in the relevant Investment Facilitation Agreement and on our Pricing & Fees page: https://tech.seedblink.com/pricing-investors.
Structure of Investments
You will have the opportunity to invest in the Project Owners available from time to time on the Platform. Such investments consist in acquiring equity instruments (such as shares and/or other instruments related to shares) and may take place through a nominee vehicle - Seedblink Nominee GmbH ("Nominee") established with the sole purpose of holding the equity instruments on behalf of the Investors, members of the Platform, who participate in the Fundraising. By participating in the Fundraising via the Nomiee, you acquire beneficial ownership in the equity instruments, while the Nominee will hold legal ownership of such equity instruments. The specific terms of the investment structure shall be set forth in the relevant Investment Facilitation Agreement.
The Investment Process
Fundraising Campaign. Upon logging onto the Platform and filling in the data from you Member account you will be able to view the Project Owners available for investment. In order to see summary information about the businesses that are currently seeking capital on the Platform, and we refer to this information as the "Campaign Summary", you will need to follow the process regarding the identity verification. To see additional information about a Project Owner, which we refer to as the “Detailed Campaign”, you will need to have your Member profile fully completed. The Key Investment Information Sheet ("KIIS") does not include the discussion forum or documents sections or any news feed on the Platform, or any documents made available through those sections by the Project Owner or otherwise made available to the Investor. All information displayed on the Platform in connection with the Fundraising campaign is provided by the Project Owner and SeedBlink does not accept any liability in respect to the accuracy of the information therein.
Review and Approval. SeedBlink does not independently verify and is not responsible for the information in the KIIS. The sole responsibility of SeedBlink in respect to the KIIS is to ensure accurate publication as provided by the Project Owner. The Fundraising, the KIIS or any other documents related to the Investor’s participation in the Fundraising have been neither verified nor approved by any Romanian or European authorities.
No Recommendation. The publishing on the Platform of a Fundraising campaign does not mean that we are recommending that you make an investment in the Project Owner, that we believe the Project Owner is likely to be successful or that we take any responsibility or will in any way be liable to you if the Project Owner is not successful. The investment decision with respect to any investment through the Platform is yours and yours alone.
Confidentiality of Fundraising Campaign. Fundraising campaigns are presented on the Platform in order for you to make your investment decisions and not for any other purpose. You are hereby required to keep the information related to Fundraising campaigns confidential and you may not use it in any way, including to compete with or otherwise impede the success of the relevant business, and if you do so we may bring an action against you for any damage you have caused to our reputation, to our business or otherwise.
Selecting Investments. After reviewing a Fundraising campaign, you may choose to make an investment in the Project Owner by clicking on the appropriate button, and you will be asked to indicate how much you would like to invest. You will afterwards be presented with an Investment Facilitation Agreement in respect of the investment. As a prospective Investor, you benefit from a reflection period of four (4) calendar days before the execution of the Investment Facilitation Agreement during which you are able to revoke your expression of interest to participate in the Fundraising without penalty and with no obligation to provide a justification.
Execution and Commitment. After you have decided to invest in a Project Owner, the final step for you to make the investment will be to execute the Investment Facilitation Agreement through the means provided on the Platform or by other means as instructed by SeedBlink. The terms of the Investment Facilitation Agreement will govern your relationship with us in relation to the implementation of the investment in the Project Owner.
Completion of the Investment. For any given Project Owner seeking capital through the Platform, the relevant Investment Facilitation Agreement will set forth the process and circumstances under which the Fundraising will be completed or not, as well as the consequences of such completion or non-completion.
You acknowledge that you fully understand and undertake the Investment Risks associated with investments in Project Owners.
Information and Rights. Once you have executed an Investment Facilitation Agreement with respect to an investment, the investment will be listed in the "Portfolio" section of the Platform, and you will be able to see information about other investments that have been committed to the business through the Platform. If the investment is completed it will continue to be listed in the "Portfolio" section, and through that section, you will be able to access information and exercise certain other rights, all as set forth in the Investment Facilitation Agreement.
Transfers. We have not created a market for you to purchase and sell shares in which you have invested, and in making any investment you should be aware that it is likely that you will not be able to sell your shares. While we allow the Investors to interact directly with each other to advertise interest to buy and sell their shares in the SPVs, the bulletin board shall not bring together buying and selling interest by means of SeedBlink’s protocols or internal operating procedures in a way that results in a contract. The bulletin board does not represent an internal matching system which executes client orders on a multilateral basis. SeedBlink does not operate a trading system and such buying and selling activity is at your discretion and responsibility.
You can view your balances and transaction history through the "Investment Account" section of the Platform at any time, and you can view all of your current investments through the "Portfolio" section of the Platform at any time. These are the only ways in which you will be able to obtain information about your transactions and investments from us, and we do not intend to send any form of periodic statements to you.
Your investments may be subject to tax. Tax treatment depends on individual circumstances and is subject to change in the future. For example, you may be liable to pay taxes on any gains you receive from your investments. Payment of taxes is entirely your responsibility and save as required by law we will not deduct or withhold any taxes for you or provide you with any statements or information with respect to your tax position or liability. If you have any questions with respect to tax matters, you should consult a professional tax advisor.
Eligibility. The determination as to whether a business is eligible to use our Platform at all, as a Seedblink Member, is ours and ours alone, and we may determine that a business may not use our Platform as a Seedblink Member for any reason or no reason. We are not required to communicate the reason for any such determination to you.
Creating a Fundraising Campaign. In order to seek capital for a business using the Platform, you will need to follow the process set forth in the relevant section of the Platform. This process requires you to provide answers to a series of questions about your business, along with evidence to support certain of those answers, and it also allows you to upload certain video and other files if you so choose. You will also be able to establish how much capital you are seeking for the business, and what percentage of equity you are offering in exchange for that capital. The Fundraising campaign will stay active for a specified period of time, as set forth in the Service Agreement.
Project Owner and Team. When you create a fundraising campaign for a Project Owner, you will be the main contact person with respect to the Fundraising campaign, you will be the signatory to the Service Agreement and you will be required to disclose certain information about yourself as part of the Fundraising campaign process.
Service Agreement. Once you have completed the journey described by the Platform-tools, you will need to execute a Service Agreement, which sets out the Project Owner’s obligations with respect to the Fundraising campaign, including with respect to the drafting of the KIIS.
Investment Process. Once the Fundraising campaign has been started, Investors will be able to view the KIIS and make an investment. Your and our rights and obligations with respect to the investment process will be as set forth in the relevant Service Agreement. If the business receives the investment it is seeking, you and the Nominee will execute the relevant transaction documentation.
SeedBlink may terminate any or all Platform Documents you are a party to and your access to the Platform by simple notice to your email address with an immediate effect, without any other judicial or extra-judicial formality, if you commit a breach of the Platform Documents or you have acted in a manner which clearly shows that you do not intend to, or are unable to comply with the provisions of any of the Platform Documents.
Furthermore, SeedBlink may terminate any or all of the Platform Documents and your access to the Platform and cease to provide the Platform services by simple notice to your email address with an immediate effect, without any other judicial or extra-judicial formality, if:
required by law or an authority’s decision (for example, where the provision of services to the SeedBlink Member is deemed to be, or becomes, unlawful or a licensed activity) or because SeedBlink ceases to provide the services for any reasons; or
SeedBlink is transitioning to no longer providing the services to users in the country in which the SeedBlink Member is a resident or from which the Platform member uses the Platform; or the provision of the services to the Platform member by SeedBlink is, in SeedBlink’s opinion, no longer commercially viable.
Any notice from you to us in respect of these General Terms and Conditions, your SeedBlink membership or your activities on the Platform shall be given by email to notices@seedblink.com, except where these General Terms and Conditions or another Platform Document that you execute sets forth alternate means by which you must give us notice.
SeedBlink may provide the SeedBlink Member with notices, by email, regular mail or postings on the Platform.
Information on the Platform. In addition to the information set forth in each Fundraising campaign, the Platform may contain information about investing in or operating businesses generally or other matters that we believe may be relevant or of interest to you. We refer to this as "additional information". None of the additional information, including information about historical returns, can be relied on as a guarantee or indication of any particular result, and the additional information does not constitute any form of advice, recommendation or endorsement by us. We cannot assure you that any additional information is complete, accurate, up-to-date or error-free, and we will not be liable to you for any loss, damages or costs if it is not. To the extent that any additional information constitutes links to other websites or third-party contact details, we take no responsibility for the availability or accuracy of such websites or contact details or the acts of such third parties.
Communications About Platform Activity. From time to time we may send you emails with information about activity on the Platform, including new Fundraising campaigns and the progress of existing ones. Any emails we send you about activity on the Platform do not constitute advice or a recommendation to invest. From time to time we may also send you emails with respect to your membership, Fundraising campaigns or investments, our business, these General Terms and Conditions or other matters that we reasonably believe are relevant to you. We will do our best to ensure that these emails are relatively infrequent, but we may send you such emails at our discretion.
If you have a complaint with respect to any aspect of the Platform or services we provide, you should report it to us immediately by sending an email, with the word "complaint" in the subject line, from the email address in which your SeedBlink membership is registered to investors@seedblink.com. We will handle all compaints as detailed here. We may need to ask you questions in order to understand the details of your complaint, and any questions we ask, as well as any response we give, will be sent by email to the email address in which your SeedBlink membership is registered.
We do our best to ensure that our interests do not conflict with yours. Our policy regarding Conflicts of interests, associated risks and risk mitigation measures can be found here.
Your Liability to Us. You shall be liable to us for any loss or damage suffered by us as a result of any breach of these General Terms and Conditions or any other agreement that you enter into with us, or of any use of the Platform that is fraudulent or represents willful misconduct.
Our Liability to You. Subject to further limitations and exclusions set forth in other Platform Documents, SeedBlink shall indemnify you for any direct damages caused to you with intent or gross negligence. SeedBlink shall not be liable for any losses incurred by you where SeedBlink has performed its duties and functions as such are set forth in these General Terms and Conditions and the Platform Documents. We shall not be liable in connection with any error or inaccuracy in the data entered by you or another SeedBlink member or any misrepresentation or willful misconduct or any other act of another SeedBlink Member. We shall not be liable to you for any indirect, consequential, special or punitive loss, damage, cost or expense, unforeseeable losses or damages, loss of profit, loss of business, lost or wasted management time or time of other employees, loss of reputation, depletion of goodwill or loss, damage or corruption of data. You agree that any legal action against us is permitted only on an individual basis and that you will not initiate or join any purported or actual class or consolidated actions against us.
When any or all Platform Documents are terminated, irrespective of the reason thereof, all of the legal rights, obligations and liabilities that have accrued over time whilst the Platform Documents have been in force or which are expressed to continue indefinitely, shall be unaffected by this cessation, unless otherwise provided in the Platform Documents.
A party shall not be in breach of these General Terms and Conditions if there is, and shall not be liable or have the responsibility of any kind for any loss or damage incurred as a result of, any total or partial failure, interruption or delay in performance of such party's duties and obligations occasioned by any act of God, fire, the act of government, state, governmental or supranational body or regulatory authority or war, civil commotion, terrorism, failure of any computer dealing system, interruptions of power supplies, labour disputes of whatever nature or any other reason (whether or not similar in kind to any of the above) beyond such party's control.
A SeedBlink Member may not assign its rights and/or obligations under these General Terms and Conditions without SeedBlink's prior written consent.
SeedBlink may assign its rights and/or obligations under these General Terms and Conditions without the prior consent of the SeedBlink member to a credible provider of similar services.
These General Terms and Conditions shall not be construed so as to create a partnership or joint venture between you and us.
In the event that either you or we fail to exercise any right or remedy contained in these General Terms and Conditions, that does not mean you or we (as applicable) have waived that right or remedy.
If any provision of these General Terms and Conditions shall be judicially determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions thereof shall not in any way be affected or impaired thereby.
SeedBlink reserves the right to make changes to these General Terms and Conditions at any time. Your continued use of the Platform and the related services means that you accept unconditionally all and any amendments made to the General Terms and Conditions at such time. If you do not agree to the General Terms and Conditions or any amendments to them, you should stop using the Platform and the related services.
These General Terms and Conditions and the relationship between you and SeedBlink created by it shall be governed by and construed in accordance with the laws of Romania without regard to its conflict of law rules.
Any dispute in connection with these General Terms and Conditions shall be submitted to the exclusive jurisdiction of the competent courts from SeedBlink’s headquarters.
This website is not intended to offer or to promote the offer or sale of any securities in the United States or to US persons ("US Persons") as defined in Regulation S under the US Securities Act of 1933 (the "Securities Act"). Seedblink has not been and will not be registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"), and, as such, holders of the securities offered by means of this website will not be entitled to the benefits of the Investment Company Act. There may be restrictions on the sale or resale of securities to, and the holding of securities by, persons in the United States or who are US Persons.
No investment advice is offered or given by Seedblink, nor any member of its group, to persons accessing information on this website; consequently, we recommend that prospective investors should seek appropriate advice from their own professional advisers before making any investment decision.
In particular, persons interested in making any investment via our equity crowdfunding platform should inform themselves as to:
(a) the legal requirements for such acquisition, within the countries of the nationality, residence or domicile;
(b) any foreign exchange control requirement which they might encounter on the acquisition or sales of investments; and
(c) the income tax and other tax consequences which might be relevant to the acquisition, holding or disposal of any investment.
The distribution of the information contained on this website in certain other jurisdictions may be restricted by law and, accordingly, persons who access it are required to inform themselves of and to comply with any such restrictions. You should proceed into this website only if you have satisfied yourself that the country in which you are based imposes no prohibitions or restrictions on the distribution of the promotional material on this website.
US law requires Seedblink investors to meet certain financial criteria to be considered an accredited investor. You must fulfill at least 1 of the following criteria in order to be deemed an accredited investor:
• The Investor has an individual net worth (determined by subtracting total liabilities from total assets), or joint net worth with the Investor’s spouse or a cohabitant occupying a relationship generally equivalent to that of a spouse (a “Spousal Equivalent”) (which can be the aggregate net worth of the Investor and spouse or Spousal Equivalent; assets need not be held jointly to be included in the calculation), in excess of $1,000,000; (excluding Investor’s primary residence and indebtedness thereon up to the gross value of such residence, except that if the amount of such indebtedness outstanding at the time of Investor’s admission to the Partnership exceeds the amount of such indebtedness outstanding 60 days before such time, other than as a result of the acquisition of the primary residence, the amount of such excess shall be included as a liability in the determination of Investor’s net worth).
• The Investor had an individual income in excess of $200,000 (or a joint income together with the Investor’s spouse or Spousal Equivalent in excess of $300,000) in each of the two most recently completed calendar years, and reasonably expects to have an individual income in excess of $200,000 (or a joint income together with the Investor’s spouse or Spousal Equivalent in excess of $300,000) in the current calendar year.
• The Investor holds in good standing one or more of the following professional certifications: General Securities Representative license (Series 7), Private Securities Offerings Representative license (Series 82), or Investment Adviser Representative license (Series 65).
• The Investor is a corporation, partnership, limited liability company, Massachusetts or similar business nominee or organization described in Section 501(c)(3) of the U.S. Internal Revenue Code of 1986, as amended, not formed for the specific purpose of acquiring interests in the Partnership that has total assets in excess of $5,000,000.
• The Investor is a bank as defined in Section 3(a)(2) of the Securities Act, a savings and loan association, or other institution defined in Section 3(a)(5)(A) of the Securities Act acting in either its individual or fiduciary capacity (this includes a nominee for which a bank acts as nominee and exercises investment discretion with respect to the nominee’s decision to invest in the Partnership).
• The Investor is a broker dealer registered pursuant to Section 15 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).
• The Investor is an investment adviser registered pursuant to Section 203 of the Advisers Act, or registered pursuant to the laws of a U.S. state.
• The Investor is an investment adviser relying on the exemption from registering with the U.S. Securities and Exchange Commission under Section 203(l) or (m) of the Advisers Act.
• The Investor is an insurance company as defined in Section 2(a)(13) of the Securities Act.
• The Investor is an investment company registered under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”), or a business development company as defined in Section 2(a)(48) of the Investment Company Act.
• The Investor is a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the U.S. Small Business Investment Act of 1958, as amended.
• The Investor is a Rural Business Investment Company as defined in Section 384A of the Consolidated Farm and Rural Development Act of 1972, as amended.
• The Investor is a plan established and maintained by a state, its political subdivisions, or an agency or instrumentality of a state or its political subdivisions, for the benefit of employees, having total assets in excess of $5,000,000.
• The Investor is an employee benefit plan within the meaning of the U.S. Employee Retirement Income Security Act of 1974, as amended (“ERISA”), (a) for which the investment decision to acquire an interest in the Partnership is being made by a plan fiduciary, as defined in Section 3(21) of ERISA, that is either a bank, savings and loan association, insurance company, or registered investment adviser, (b) which has total assets in excess of $5,000,000, or (c) which is self-directed, with the investment decisions made solely by persons who are Accredited Investors.
• The Investor is a private business development company as defined in Section 202(a)(22) of the Advisers Act.
• The Investor is an entity in which each equity owner is an Accredited Investor. (for purposes of selecting this response, it is permissible to look through various forms of equity ownership to natural persons. Those natural persons and all other equity owners of the entity seeking Accredited Investor status must be Accredited Investors).
• The Investor is an entity of a type not listed above that was not formed for the specific purpose of acquiring interests in the Partnership and that owns “investments” (as defined in Rule 2a51-1(b) under the Investment Company Act) in excess of $5,000,000.
• The Investor is a “family office” as defined in Rule 202(a)(11)(G)-1 under the Advisers Act, (a) with assets under management in excess of $5,000,000, (b) that was not formed for the specific purpose of acquiring interests in the Partnership, and (c) whose prospective investment in the Partnership is directed by a person who has such knowledge and experience in financial and business matters that such family office is capable of evaluating the merits and risks of an investment in the Partnership (such a family office, a “Qualified Family Office”).
and/or
• The Investor is a “family client,” as defined in Rule 202(a)(11)(G)-1 under the Advisers Act, whose prospective investment in the Partnership is directed by its Qualified Family Office.
• The Investor is a trust not formed for the specific purpose of acquiring interests in the Partnership with total assets in excess of $5,000,000 and directed by a person who has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of investing in the Partnership.
• The Investor is a revocable trust (including a revocable trust formed for the specific purpose of acquiring an interest in the Partnership) and the grantor or settlor of such nominee is an Accredited Investor.
SeedBlink S.A. is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001, as of 03.11.2022 with an EU passport as per European Securities and Market Authority (ESMA) register of crowdfunding services providers.
Investing in start-ups involves risks, including loss of capital, illiquidity, dilution, lack of dividends. It is suitable only for investors capable of evaluating and bearing those risks. In any event, it should be done only as part of a diversified portfolio (meaning a portfolio in which investment in start-ups represents only a fraction of the total investments or assets). Before investing please read the risk warnings available at https://seedblink.com/generalterms as well as the risks related provisions of the investment facilitation agreement that will be provided to you for the relevant round.SeedBlink is not responsible for any information provided by the start-ups, even if distributed through or by SeedBlink. SeedBlink does not endorse any start-up for investment nor does it advise you on the merits of your investment. Seedblink does not provide to you any other advisory services. The decision to invest is yours only. If you require help in evaluating a decision to invest, you should consult a professional adviser.The messages and documentation you receive from SeedBlink or the start-ups have been neither verified nor approved by the Romanian or the European authorities. Nothing in this message shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful.
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